About EasySolar
EasySolar is a company based in Freetown (Sierra Leone) founded in 2016. EasySolar has raised $10 million across 5 funding rounds from investors including Acumen, TRINE and FMO. EasySolar offers products and services including Solar Lights, Cookstoves, Larger Light Systems, and Solar Phones.
- Headquarter Freetown, Sierra Leone
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 5 rounds
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Latest Funding Round
$7 M (USD), Series A
Nov 07, 2023
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Investors
Acumen
& 5 more
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Employee Count
Employee Count
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Products & Services of EasySolar
EasySolar offers a comprehensive portfolio of products and services, including Solar Lights, Cookstoves, Larger Light Systems, and Solar Phones.
Provides reliable lighting using solar power for households.
Enables quick and clean cooking with reduced fuel costs.
Offers advanced solar systems for home power and appliances.
Delivers secure mobile devices powered by solar technology.
People of EasySolar
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Funding Insights of EasySolar
EasySolar has successfully raised a total of $10M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in November 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series A — $7.0M
- First Round First Round
- Investors Count 6
Investors in EasySolar
EasySolar has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Acumen, TRINE and FMO.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Diversified investment portfolios are managed for various clients.
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Founded Year | Domain | Location | |
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Development financing is provided for entrepreneurial ventures in emerging markets.
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Founded Year | Domain | Location |
Investments & Acquisitions by EasySolar
Financial Statements - EasySolar
Easysolar Comparisons
Competitors of EasySolar
Frequently Asked Questions about EasySolar
EasySolar was founded in 2016 and raised its 1st funding round 2 years after it was founded.
EasySolar is headquartered in Freetown, Sierra Leone.
EasySolar is a funded company, having raised a total of $10M across 5 funding rounds to date. The company's 1st funding round was a Series A of $3M, raised on Feb 14, 2018.
EasySolar was founded in 2016 and is based in Freetown, Sierra Leone. Operations focus on the renewable energy sector, where solar-powered products are produced for various applications. Manufacturing activities are centered in the local region, supporting energy access in West Africa. The company contributes to sustainable solutions through its product lineup, with distribution handled primarily in Sierra Leone and nearby areas.
EasySolar offers Solar Lights, Cookstoves, Larger Light Systems, and Solar Phones.
EasySolar has 6 investors. Key investors include Acumen, TRINE, FMO, Cygnum Capital, and Triodos Investment Management.